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Latest Report reveals Xiaomi is the 4th Largest smartphone maker globally

Another great achievement for the company

Xiaomi is undoubtedly the hottest smartphone brand right now, and the company is launching great smartphones every year at an impressive price. This year, the company launched its high-end Mi Mix 2S, the mid-ranger Mi 6X, and the budget-oriented Redmi Note 5 Pro. The Redmi Note 5 Pro is selling like hot cakes, thanks to the specifications offered at an impressive price. Today, Strategy Analytics has revealed in the latest report that Xiaomi is the fourth largest smartphone maker globally, after Samsung, Apple, and Huawei.

Talking about the Global Smartphone Shipments, Samsung shipped about 80.2 Million units in Q1 2017 and 78.2 Million units in Q1 2018. Apple shipped about 50.8 Million units in Q1 2017 and 52.2 Million units in Q1 2018. Huawei, the third largest smartphone maker globally, shipped 34.5 Million units in Q1 2017 and 39.3 Million units in Q1 2018. Finally, talking about Xiaomi, the fourth largest smartphone maker in the world shipped 12.6 Million units in Q1 2017, and the number became more than twice in Q1 2018 as the company shipped 28.3 Million units.

Talking about the Market Share, Samsung had 22.7% market share in Q1 2017 and 22.6% in Q1 2018. Apple had 14.4% market share in Q1 2017 and 15.1% in Q1 2018. Huawei had 9.8% market share in Q1 2017 and 11.4% share in Q1 2018. Finally, Xiaomi had 3.6% market share in Q1 2017 and 8.2% market share in Q1 2018.

Xiaomi has already shipped about 30 Million units in the Q1 2018 and looks like the company can achieve its target of 100 Million shipments for this year. It is also worth mentioning that despite a 2.9% global decrease in shipments in Q1 2018, Xiaomi had Year-Over-Year Change of 87.8%.

SOURCE  – 1,2

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Arvind

Passionate about smartphones, he likes to write on latest smartphone trends. You can connect with him via social media.

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